Bitcoin Approaches USD 32,000, Ethereum Tests USD 2,000, ADA Surges, and WAVES Doubles 

The Bitcoin price surged relative to the USD 30,500 and USD 31,200 resistance levels. 

bitcoin-approaches-usd-32000
Bitcoin

ETH and XRP both crossed the USD 2,000 mark. While ADA ranks highest in the top 20 crypto assets, WAVES is the most valuable in the top 100. 

After breaking beyond USD 30,500, the price of bitcoin surged to USD 32,000, setting a new all-time high. As of 04:08 UTC, it’s trading at USD 31,800, up about 5 percent in one day and 9 percent in the last week, but still maintaining its gains. 

All of the significant cryptocurrencies saw a price rise as well. ETH broke over the USD 1,920 barrier and challenged the USD 2,000 level. XRP continued to break beyond the USD 0.40 barrier. An approximately 14% increase in ADA’s value saw it break beyond the USD 0.55 barrier. 

Total market capitalization 

Immediately after the closure of over USD 30,500, the price of bitcoin began a new rise. Even before the bears came, BTC had risen beyond USD 31,800. The price is now trading at USD 31,800, holding its gains. There is a significant level of support, around about USD 32,500. The price might rise even more if it breaks the USD 32,500 threshold. 

There is immediate support at USD 31,200 if the market falls below that level of support. The price might struggle to hold above 30,000 if it breaks below the next significant support, which is now developing at USD 30,500. 

The price of Ethereum 

The price of Ethereum increased by more than 6%, moving over the USD 1,920 barrier level. The cost of ETH soared beyond $2,000, wiping out all of its previous week’s losses. Near USD 2,050, the price might potentially challenge the critical USD 2,085 level of resistance. 

The price might find buyers at USD 1,920 if there is a lower decline. The next significant level of support is USD 1,850. 

Prices for ADA, BNB, SOL, DOGE, and XRP 

It’s now clear that the USD 0.52 barrier is no match for Cardano (ADA). In a single day and week, the price surged about 14%, breaking above the USD 0.55 barrier level. USD 0.60 may be the next significant hurdle for the bulls. 

As of this writing, BNB has crossed the USD 320 threshold. This level of USD 325 will act as a short-term roadblock. The USD 340 barrier may be reached if the price moves decisively over USD 325. 


Hungry for more information?

Check out the Latest NFT News!

For more interesting updates on NFTs, connect with NFTHI on Twitter and Instagram.

Join us on Telegram!


NFTHI does not recommend any kind of Investment in NFTs or NFT trading. All the strategies are merely educational references.

Conduct thorough research before you start with NFT trading.

Share This Post

Related Posts

“NFT Sales are Collapsing,” Reports Wall Street Journal

An item in yesterday's Wall Street Journal said that...

Reddit Reveals NFT-based Avatar Marketplace

Reddit's NFT-based Avatar Marketplace Reddit is teaming up with Polygon...

ENS Bidding “Joke” went sideways, and the user loses 100 ETH

An NFT collector has lost 100 ETH i.e. USD 148,665 as...

Usain Bolt teams up with Step App for Fitness Metaverse

Step App Fitness finance (FitFi) platform announced a collaboration on July...

Scottish Castle Party of Trevor Jones Is Already Sold out

Trevor Jones NFT Party An NFT party hosted by Trevor...
spot_img